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Egen research från redaktionen, alltid med metod, underliggande siffror och tydliga begränsningar. Fritt att läsa, ladda ner och citera med källhänvisning.

B9-2026-06RegleringPublicerad: 2026-08-13Uppdaterad: 2026-08-1325 min läsning

The digital euro, dissected

What the ECB is actually building, what the legislation fixes in law, and what it means for your bank account, your privacy and the crypto market

The digital euro is a claim on the ECB, not a bank deposit and not an investment: it bears no interest and carries no price risk.
The holding limit plus the waterfall mechanism are the heart of the design; without them a bank run could unfold digitally within hours.
Offline payment is the only component with a privacy level the ECB compares to cash; online payment explicitly is not.
Basic use must be free for individuals; merchants pay a fee for which the regulation foresees a cap.

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B9-2026-05MarknadPublicerad: 2026-08-04Uppdaterad: 2026-08-1125 min läsning

What spot ETFs did to the bitcoin market

Liquidity, volatility and who is actually buying since regulated funds stepped in

Order-book depth around the mid price clearly increased during US trading hours.
Volatility concentrates more strongly around the US market open and close.
Correlation with broad equity indices is structurally higher than in the preceding period.
Weekend trading became relatively thinner: large parties trade when their infrastructure is open.

Läs notisenPro-avsnittFörfattare: Block #9 Research

B9-2026-04TeknikPublicerad: 2026-07-15Uppdaterad: 2026-08-0524 min läsning

Self-custody in practice

What goes wrong for retail holders managing their own keys, and which setup prevents it

Seven of ten documented losses stem from backup failures, not attacks.
Those who test their recovery procedure once almost never lose access in our dataset.
Storing a recovery phrase digitally, including in a password manager, is the biggest risk factor in theft cases.
In half of the death cases, heirs could not access the assets because no instructions existed.

Läs notisenPro-avsnittFörfattare: Block #9 Research

B9-2026-03BankerPublicerad: 2026-06-24Uppdaterad: 2026-07-3025 min läsning

European banks and crypto: from refusal to custody

How large banks in the Benelux, Germany and Scandinavia shifted their stance on crypto-assets

Nearly all banks studied allow payments to licensed platforms, but half still apply informal limits or extra questions.
Custody services for institutional clients are growing faster than retail offerings.
The difference between banks is larger than the difference between countries.
Recurring payments to the same licensed counterparty rarely trigger blocks; one-off large amounts still do.

Läs notisenPro-avsnittFörfattare: Block #9 Research

B9-2026-02RegleringPublicerad: 2026-05-06Uppdaterad: 2026-07-2027 min läsning

MiCA, one year on

What the European crypto regulation actually changed for users, issuers and banks

Consolidation is the clearest effect: small providers without the capital for a licence disappeared or were acquired.
Euro stablecoins gained share within the EU but remain marginal globally against dollar tokens.
Passporting works, but national supervisors interpret advertising rules and complaint handling differently.
Segregation of client assets is the most concrete gain for users; there is no guarantee fund.

Läs notisenPro-avsnittFörfattare: Block #9 Research

B9-2026-01MarknadPublicerad: 2026-03-18Uppdaterad: 2026-08-0126 min läsning

The real cost of buying crypto in the Benelux

Fees, spreads and hidden costs at eight platforms used by Belgian and Dutch retail investors

The gap between the cheapest and most expensive route is roughly twenty euro on 1,000 euro, or 2% of the amount invested.
At six of eight platforms the spread exceeds the visible fee for amounts below 250 euro.
The pro interface of the same platform is on average 78% cheaper than the simple buy button.
Withdrawal fees to a self-custody wallet range from zero to five euro and weigh heavily on monthly buys under 100 euro.

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